• Stephen Feinberg, Pentagon's number two civilian official, has been criticized for cronyism and waste.
• Feinberg's 'Wall Street playbook' has led to concerns about conflicts of interest and strategic decisions.
• The Pentagon has awarded contracts to companies with ties to Feinberg and the Trump family.
• Critics argue that Feinberg's approach may prioritize profits over military effectiveness.

Feinberg's tenure at the Pentagon may indicate a shift towards a more corporate approach to military management, which could have significant implications for the defense industry and national security. The criticism surrounding his decisions suggests that this approach may not be effective in achieving military objectives and could lead to further controversy and scrutiny.